angela martin

Registered with Property118.com
Tuesday 29th July 2014


Latest Comments

Total Number of Property118 Comments: 3

angela martin

11:53 AM, 26th August 2014
About 6 years ago

Recovering money from contractors

Hi Mark, Thanks for the advice. My underlying feeling is he is a chancer. Feel bad for the guys who brought him in, they are mortified. I will read the blogs and do exactly what you say. I don't want him to do this to anyone else with my help!... Read More

angela martin

10:58 AM, 17th August 2014
About 6 years ago

Next steps to build my property portfolio?

Reply to the comment left by "Tom Sawyer" at "16/08/2014 - 12:48":

Hi Tom, Yes, I often think, could financing be the way forward? After reading Mark Alexanders piece about his own business model "Basic fundamentals of a buy to let property investment strategy" I feel it is most definitely the way forward. Marks article has helped me understand financing in a positive way and look at things from a different angle. He is completely right about cash being king. My main problem at this stage is I currently live in the Isle of Man and lenders seem a bit vague about IOM and UK properties. I do have another property in the UK which is mortgaged and unfortunately was bought just before the crash. I paid £319,000 for it. Beautiful house and brand new. I deposited £97k in to it and mortgaged the rest on interest only. After having dropped massively when I first bought it, now it has steadily increased over the last 3 years up to approx: £295 - £300k. This property will stay with me for some time, however, if possible, I haven't ruled out remortgaging to release some of the equity to reinvest elsewhere or even keep aside as per Marks idea of cash in the bank. Would be interested to hear what you decide with your portfolio.
Ange... Read More

angela martin

10:26 AM, 17th August 2014
About 6 years ago

Next steps to build my property portfolio?

Reply to the comment left by "Mark Alexander" at "16/08/2014 - 10:30":

Hi Mark,
Thank you so much, I will come back to you directly via the link. Your story and finance mantra is amazing and as a novice I hadn't even thought of financing they way you do. It's very refreshing to look at how to use assets to move forward in a different way. I am totally committed to a long tern strategy and not interested in a get rich quick scheme, that is unless I win the lottery! Ange... Read More